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HomeMy WebLinkAbout0244 , "~V3t~ ST-23, 240 j~ SWD ~962184 STATE OF fLORIOA _,~1~ ~~1• ~ This form is used in connection FHA FORM NO Z110 m 'l O ~~~it,R~~,~''c-S ~ with moR~sQes insured u~dsr the R•vla.d MacA 1971 y~ ~d~' Ev" one- !o four•fsmily provisions of 3 ,~,~~,,.~~~~~E~• t~ Nn~«~~ ~s,~ ; gt~ MORTGAGE ~ ~ . afl°' THiS MORTGAGE. datod the 18t day d March , A. D. 19 73 . by and ~~W,Kp ROB~TA F. SYLVSSTSR, a separated womaa hereinafta called the mon~or. aud • STOC1~fON, WHATLEY, DAVIN 6 COMPANY . a corporatiot~ or~aaized aad existina uader the Iaws of State of Florida ~ •~~p~a calted the mortsa~«, W17'NESSETN, that for diven good and valuabte considerations, and alw in consideration of the ag~regate sum aamod ia the promissory note hereiaafter describod. the uid mortja~or does hereby gran~ bar~ain, sell, aliea. nmise. relase, coavey. aad con8rm uato the said rrortpsee a!! thst certsin piece. parcel. ot tract ot land of which the said rtartgagor is now seiud and possassed and in actual possession, situate in the county ot St . Lueie aad State d Florida. describod as follows: Lot 286, Sheraton Plaza, Z1niC Four, Replat, accordiag to the Plat thereof as recorded in Plat Book 16, page 18 of the Pnblic Records of St. Lucie Countq, Florida. Together with the following itesns of property which are located in and permanently 3.nstalled as a part of the improvements on said land: RANGB: ORBON, MODEi. G-30, SSRIAL NtTI~BR 5213Q RANGB HOOD: MIAMI CARBY, MODEL 3730 SPACE HEATSR: DBARBORN, MUDEL DVF-65 The express enumberation of the foregoing items shall not ~ be deemed to limit or restrict the applicability of any ~ other language describing in general terms other property intended to be covered hereby. STATB DOCUM~'NTARY STAMPS AFFIXED TO THE ORIGINAI. NOTE AND ~ CANCELI.ED . Together with all structura and improvements now and hereafter on said (and, and fixtures atta~ct~ed thereto, and all rents, is.wcs, procecds, and profits accruing and to xcrue from said premises, ail of which are included within the foregoing dacription and the habendum thertof; also all gas, stwm, elcetric, water, and other heating, cooking, rcfrigerating. lighting. plumbing, ventilating, irrigating, . and power systems, machina, appliances, fixtures, and appurtenances, which now are or may hereafter pertain t0. or be_used with, in, or on said premises, evert [hough they bt detachcd or detachable. _ TO HAVE AND TO HOLD the samt, together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining, and the revenion and reversions, remaincler or remainders. rcnts, issues, and profits thereof, and also all the atate, right, title, interat, homestead, dower and right of dower, separate estate, posxess"an, claim and demand whatsoever, as i well in law as in oquity, of the said moitgagor in and to the same, and every part thereof, with the appurtenances of the said morigagor in ! and to the same, and every part and parcel thereot unto the said mortgagee in fee simple. And the mortgagor hereby convenanu with the mortgagee that he is indefeasibly uized of said land in fee simple; that he ha! full j powu and lawfut right to convey the same in fee simple as aforesaid; that it shall be lawful for We nwrtgagee. at all times peaceably and quietly to enter upon, hold, cecupy, and enjoy said land, and every pari thered that the land is and will remain free from ap encumbraness: thal said mortgagor will make such further assurances to prove the fee simple title to said land in said mortgaga as may be f reasonably required, and that said mortgagor does hereby fully warrant the title to said land, and every part thereof, and will defend the ~ same against the lawful claims of all persons whomsoever. ~ PROVIDED ALWAYS, aod thex preseou are eaccutod and delivered upon the folbwing conditions, to wit: The mortgagor agees to pay the martaagee, or order, the principa! sum d 3IXTEEN T~USAND TWO HUNDR~ Sc NO/100 ~ ~~l~ ~s 16 ~200.00 as evidenced by a note of even date herewith, with interat from date at the ' rate of SgVen per centum ( ~ 'Xo) per annum on the unpaid balance ~ ~ until paid. The said principal and interest shall be payable at the office of S~OCiCtOri ~ Whatley, Davin & Compeay, l0U West Bay Street, Jacksonville, Florida ' or at such other place as the holder of the note may designate in writing. in monthiy installments of ONE HUDiDRP.D SEVEN ' AidD 89~ 100 Dollan (S 107 .89 commeocing on p the first day of April . 19 73 , and on the first day of each month thereafter until the principal and interest are fully paid, eacept tbat the 6na1 payment of principal and interest. if not soona paid, shall be due and payable on the first ~ day of Merch, ZaO~+ . And shall duly, promptly. and fully perfarm. dixharge, e~cecute, effect, complete, and cOmply with and abide by each and every ` the stipulatio~~s. agreements, tonditions, and covenants d said promissory note and of this mortgage, then tbis mottgage and the atate E hereby creatod shal! ctase and be null and void. ; And the mortgagor further covenants as follows: 1. That he will pay the iadebtodness, at hereinbefore provided. Privifege is reserved to pay the debt in whole, or in an amount equal to one or mvre monthly payments on the principal that are next due on the note, on the first day of any month prior to maturity: 1'rovid~d, ~ however, that written notice of an intention to esercise such privilege is given at least thirty 130) days pria to prepayment; and. provided t further. that in the event the debt is paid in full prior to maturity and at that time it is iruured under tht provisions of the National E Housing Act. he wil! pay to the morigagce an adjusted premium charge of one per centum t 1 Sfr ) of the original principal amount thereof. j except that no adjoated premium charge shall be due or payable ~v6ere paymeot in iull is made afte~ the due aate oi t~e t20th E scheduledps pment aod io no e~eot shall the adjnsted premium e:ceed the aggregate amouat o( premium chatgea whic6 woutd have been Peyable if this !1lortga~e had continoed to be in~ured ontil maturitr, soch peyment to be applied by the mottgagee upon its r obliRatiun to the Secretary of HousipnR and Urban De~•elopment oo accouat of mongage insuraoce. E'n;M~ti/ 244 T~~S INSTRUIKENt PREPARED BY ~alter jjj~Vl$ FA~t ABSTRACT Q TITLE CORP. OF FLA 4~ 8. 2ND 8T. FORT r~[RC _ - - ..v ~.-.;a~ ~ : ~ _ ~ - • ~ - ~.;4'~:^ .